Obtaining a HELOC using an LLC

[Regen Place]

Is it possible to get a HELOC or Business Line of Credit by using an LLC as collateral? My wife and I are partners in the LLC that has 3 paid off homes on 10 acres in Bozeman, MT. The property is valued at $650k and two of the three homes are currently rented ($1150 and $1000 per month). The LLC will be showing rental profits for 2017 but have not shown previous profits due to us recently acquiring the property and forming the LLC. My question is “would a lender be willing to issue a line of credit based on the value of the property by itself or do we need to show 2 yrs of rental income within the LLC to get a line of credit?” Thank you for any advice or insights pertaining to my question.